Quietly, but consistently, billions of dollars have been shifting into private equity continuation funds this year as investors want more access to private capital.
A far cry from only 12 months ago when uncertainty over a vaccine forced many allocators to hold back from vetting new investments, today the world’s largest private equity firms are looking to put money to work as fast as it is coming in.
“There is robust activity in the private equity space and that is to say capital is being deployed at a record pace,” said Head of Private . . .
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